Home / 2023 / March (page 40)

Monthly Archives: March 2023

Sea Group’s MariBank launches in Singapore on an invite-only basis

MariBank, Singapore tech giant Sea Group’s digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Singapore tech giant Sea Group has launched its digital banking services to select members of …

Read More »

Data on industrial production, fixed assets, retail

Costco’s third store in mainland China began trial operation on March 10, 2023, in Shanghai’s Pudong district. China News Service | China News Service | Getty Images BEIJING — China on Wednesday reported retail sales for the first two months of the year that only matched expectations, while real estate …

Read More »

Chinese tourists are traveling again, opt for domestic, remote travel

Chinese tourists are raring to travel again. But this time, the usual suspects — Venice, Paris and Madrid, for example — aren’t their top picks. As China’s reopening gains momentum after three years of Covid-19 restrictions, the country’s travel-hungry citizens are emerging much changed, according to the Chinese Outbound Tourism Research …

Read More »

‘I wasn’t born into money’

1. “The Millionaire Next Door: Surprising Secrets of America’s Wealthy” By Dr. Thomas Stanley The late Thomas Stanley collected years of data about millionaire lifestyles. He found that they don’t all inherit their wealth or own mansions. Instead, they live modestly while accumulating their wealth. This book was originally published …

Read More »

SVB’s failure will have a ripple effect across technology for years

Silicon Valley Bank’s collapse could have ramifications for the technology landscape over the coming years, analysts and investors said. Nikolas Liepins | Anadolu Agency | Getty Images Silicon Valley Bank was the backbone of many startups and venture capital funds around the world. The effects of its collapse, the biggest …

Read More »

The No. 1 ‘desirable skill’ that very few people have—especially men

When young people ask me for career advice, I always tell them: “Don’t just focus on your own accomplishments. Be a collaborator.” Through a decade of teaching and research at Harvard’s business and law schools, I discovered an important and often overlooked insight: People who figured out how to collaborate …

Read More »

New Jersey deli fugitive leaves Thailand for U.S. court date

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP A former fugitive charged with stock manipulation in the bizarre case of a money-losing New Jersey deli once …

Read More »

SVB execs sold $84 million of the bank’s stock over the past 2 years

Silicon Valley Bank CEO Greg Becker sold nearly $30 million of stock over the past two years, raising new questions over insider stock sales. Becker sold $3.6 million worth of shares on Feb. 27, just days before the bank disclosed a large loss that triggered stock slide and collapse. The …

Read More »

Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans

People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the bank’s collapse, on March 13, 2023. Nikolas Liepins | Anadolu Agency | Getty Images Private equity firms Apollo Global Management and KKR are among the parties reviewing a …

Read More »

OpenAI announces GPT-4, says beats 90% of humans on SAT

Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images OpenAI announced the latest version of its primary large language model, GPT-4, on Tuesday, that it says …

Read More »